Views of Leading Experts On the Proposed Taxation of Land Values

Cover Views of Leading Experts On the Proposed Taxation of Land Values
Views of Leading Experts On the Proposed Taxation of Land Values
Edward J Vaughan
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This is in marked contrast from the wording of the 1854 Act, under which lands and heritages have t) be dealt with in their actual state ; and will in both countries receive a good d':al of further attention from surveyors and property owners. A Cvi. Mnion argument advanced by the exponents of the Scottish Bill is that such a provision will force unbuilt-upou and undeveloped land and sites into the market for iniilding or rebuilding. Present experience, as to the state of the maiket for the let...ting both of houses and business premises in Glasgow just now, proves tbit any extraneous influence, such as taxation, will not have much effect in helping the sale and development of the many acres of land now on offer. Glasgow builders, may, indeed, quite apart from this question, well pause in the acquisi- tion of more ground, when they bear in mind that th(! City Assessor, a few months ago repoi'tcd tliat the uidet rental of the City was, in round figures, £2;j0. 000, out of a total of about live and a-half millions.

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